Extremely Highly Rated Vehicle Business With 3 Income Streams
- Asking Price: £90,000 +SAV
We are advised the business has a projected turnover of £1,400,000 for year end August 2021
Business rates are currently £11,400 per annum
Please quote reference B05924
- Tenure: Leasehold
Please quote reference B05924
Hilton Smythe welcomes to the market PF Car sales incorporating Paint Finish (automotive refurbishing specialists) in Burton-On-Trent. This long-established business of over 16 years has built up an enviable reputation within the industry for quality and customer service and which due to family commitments this very rare and exciting opportunity has now become available.
PF Car sales and Paint finish is a multifunctional business, offering car sales, service and repair, body work and tyres. Therefore, giving the option to sub-let each part, or work in partnership. The business is currently ran by 2 directors, with help from a full time staff member.
Currently operating as a used car specialist with vehicles ranging from £3,000 to £20,000 an automotive refurbishing specialist and a servicing and mechanical repair workshop thereby generating three independent income streams. The current owners have recently invested in a luxury photo booth area for the vehicles to be photographed (photos attached)
PF Car sales has built up an excellent reputation within the industry gaining the coveted AA approved dealer/dealer promise award (Highly Recommended by Autotrader 2019 for Customer satisfaction & customer 5 star reviews) giving customers peace of mind. The site is in arguably one of the best trading locations in Burton with thousands of cars and potential customers passing the site everyday which has a 50 plus outdoor car showroom capacity and a fully functioning paint finish and workshop facility within the unit.
The business is being offered to the market with all the equipment required to function in its current format, the opportunity would suit either an established operator looking for an additional site/re-locate or an individual or partnership looking for their next business opportunity which has huge growth potential for the new owner.
The business generates income from three sources and would therefore also be ideal for someone working within a similar industry looking for an opportunity to expand by acquiring a site with a proven business model in a much sought-after trading location, we are expecting a lot of interest. Further information can be obtained by visiting www.pfcarsales.co.uk & www.paintnish.co.uk.
Reasons to buy -
- Excellent location
- Low rent
- Well established with an outstanding reputation
- Handover period offered
- Could trade as 3 separate businesses, perfect for a partnership or family ran
The business is run and managed by the current vendors with 1 x full time staff member.
Monday:09:00 - 17:30
Tuesday:09:00 - 17:30
Wednesday:09:00 - 17:30
Thursday:09:00 - 17:30
Friday:09:00 - 17:30
Saturday:09:00 - 16:00
Situated along Hawkins Lane on the main arterial route in and out of Burton-On-Trent off the A5121 & A511 the site is easily accessible on foot and by all modes of transport with plenty of customer parking within the Estate.
Situated within an Industrial unit on Hawkins Lane in Burton-On-Trent circa 4,000sqft 375m2. Large forecourt with hardstanding and 50 plus car capacity.
Reception area, offices and WC, Integral Paint Booth,
Equipment included in the sales comprises of ;
- Ancillary spray equipment
- Inspection Ramp
- Tyre fitting and balancing equipment
- 2 x websites
- Servicing and inspection certification all current
- Brand new photo booth area
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £17,760 per annum with 6 years remaining on the current 9 Year lease. The landlord is happy to renew the lease upon discussion.